834 Sherman Street SE, Grand Rapids, MI 49506 (MLS# 26036088)

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$525,000
834 Sherman Street SE
Grand Rapids, MI 49506
MLS# 26036088



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Property Description
This 4-unit apartment building is an excellent investment opportunity just 5 minutes from Downtown Grand Rapids and Trinity Health Hospital. Located on the border of the desirable East Hills and Madison neighborhoods, the property features two 2-bedroom units and two 1-bedroom units. Recently updated (2024-2025) with luxury vinyl plank flooring, granite countertops, and modern cabinetry, this turnkey investment offers immediate cash flow in a high-demand rental market.

Details
Maps
Location & Property Info
Cross Streets: Sherman St SE & Boston St SE
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 0
Road Frontage: 0
Waterfront: No
Basement: Yes
Total # Units: 4
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Parking Spaces: 0
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 6750
Lot Acres: 0.16
Year Built: 1855
Tax Info
Taxable Value: 144100
SEV: 179200
For Tax Year: 2025
Seller's Annual Property Tax: 7110
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: None
Tax ID #: 41-14-32-151-008
Remarks & Misc
Public Remarks: This 4-unit apartment building is an excellent investment opportunity just 5 minutes from Downtown Grand Rapids and Trinity Health Hospital. Located on the border of the desirable East Hills and Madison neighborhoods, the property features two 2-bedroom units and two 1-bedroom units. Recently updated (2024-2025) with luxury vinyl plank flooring, granite countertops, and modern cabinetry, this turnkey investment offers immediate cash flow in a high-demand rental market.
Legal: N 135 FT OF LOT 1* MARY J FINCH ADDITION
Util Avail at Street
None: 1
Utilities Attached
Cable Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Other: 1
Exterior Material
Concrete: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Water: 1
Substructure
Crawl Space: 1
Owner Pays
Electricity: 1
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit #: 8341
Unit Description: 1st Fl-2 Bed 1 Bath
Occupied: Yes
Monthly Rent: 1245
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range Oven: 1
Refrigerator: 1
Unit 2
Unit #: 8342
Unit Description: 2nd Fl-1 Bed 1 Bath
Monthly Rent: 1155
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Unit 3
Unit #: 8361
Unit Description: 1st Fl-2 Bed 1 Bath
Occupied: No
Monthly Rent: 1375
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Unit 4
Unit #: 8362
Unit Description: 2nd FL-1 Bed 1 Bath
Occupied: Yes
Monthly Rent: 1100
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Location Property Info
County: Kent
Street #: 834
Street Name: Sherman
Suffix: Street
Post Direction: SE
State: MI
Zip Code: 49506
Zip (4): 2606
OfficeContract Info
Status: Active
Current Price: $525,000
List Price: $525,000
Listing Date: 2026-07-15
Property Features
Exterior Material: Concrete
Substructure: Crawl Space
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected
Util Avail at Street: None
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: Electric; Gas; Sewer; Trash; Water
Heat Source: Natural Gas
Heat Type: Forced Air
Terms Available: Cash; Other
Sale Conditions: None
Unit 1: Range Oven; Refrigerator
Unit 2: Range/Oven; Refrigerator
Unit 3: Range/Oven; Refrigerator
Unit 4: Range/Oven; Refrigerator

IDX
Listing Office: Beal Properties LLC
Listing Agent: Stewart Beal
Source MLS Verified

Last Updated: July - 17 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.